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Olam to Close Farmer Services Platform: Over 600 Staff Affected
The Straits Times
|August 30, 2025
Food and agri-business giant Olam said on Aug 28 that it will close Jiva Ag, a digital farmer services platform developed by the group's venture arm, Nupo Ventures.
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A total of 606 employees will be affected.
Eight are from Singapore, where the group is headquartered and listed. Of the remainder, 531 are from Indonesia, 66 are from India and one is from Australia.
Olam said that it is supporting the impacted workers with redeployment opportunities within the group or severance packages. They will also be provided with outplacement services and access to the group's employee assistance programme.
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